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Technology Stocks : Cornerstone Imaging (CRNR)

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To: Mad Bulgarian who wrote (22)10/15/1996 3:42:00 PM
From: Al Klein   of 430
 
Tony--

CRNR has indeed made a good move. It reached 10 today, and I expect it to break 10 in the next week or so. If there are any technicians out there, what is the price support? I think it has a good shot at making the teens before the end of the CY. Does anyone know when earnings are supposed to be announced?

The latest Image World magazine has a special report on the New York Imaging EXPO. Cornerstone is prominently mentioned. From your last post it appears that the InputAccel product has been well received and that earnings stream is just starting to come on line. Also, Cornerstone's position as the preferred supplier for Oracle's InterOffice software (using component imaging technology from recent acquisition of Pixel Translations and storage technology from Pegasus) is bound to start showing some dividends. I wonder if this has started putting some pressure on FileNet. I understand that FileNet and Cornerstone were set to market Cornerstone monitors and boards, but that was put off when Cornerstone came out with their InpuAccel product.

Al Klein
Lockheed Martin
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